[Congressional Record Volume 143, Number 90 (Tuesday, June 24, 1997)]
[House]
[Pages H4228-H4229]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                  REPUBLICAN TAX PLAN BENEFITS WEALTHY

  (Mr. MILLER of California asked and was given permission to address 
the House for 1 minute and to revise and extend his remarks.)
  Mr. MILLER of California. Mr. Speaker, I think the Republicans have 
finally discovered what their tax cut plan does and they are going 
through

[[Page H4229]]

contortions this morning to try to explain it otherwise.
  As the New York Times said yesterday, the study shows that the 
proposal would benefit the wealthy. Five million of America's 
wealthiest families would get most of the benefit, and 40 million 
working families would lose money at the end of the year or get little 
or no benefit.
  These are families who wake up and go to work every morning and try 
to provide for their family and pay taxes. But under the Republican 
plan, they would not be entitled to share in the tax cut, they would 
not be entitled to share in the benefits of the struggle to balance the 
budget in this country.
  Instead, what the Republican plan would do and what every study 
shows, it would take most of the money and give it to families who are 
earning over $250,000 a year, who would get $27,000 in benefits. In 
fact, they would get more benefits than the salary of the 40 million 
families at the lower end.

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